Itau Unibanco Holding SA ADR
ITUB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| c.C | LOCK|n^y | LOCK|?Qdrmrv |
Itaú Unibanco Earnings: Double-Digit Net Interest Income Growth Drives Strong Profitability
Itaú Unibanco reported solid second-quarter earnings as the firm benefits from strong loan growth despite high interest rates in Brazil. Revenue increased 9.4% from last year to BRL 45.7 billion, while net income increased to BRL 11.5 billion.
